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Going Gibson and Pulling a Sumner

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Published: Tuesday, 19 Dec 2006 | 9:49 AM ET
Julia Boorstin By: | CNBC Media and Entertainment Reporter

Going Gibson and Pulling a Sumner:

So publishing queen Judith Regan went all Gibson on her colleague and got the boot from Harper Collins parent, Rupert Murdoch's News Corp . So, you could draw the conclusion that there are a lot of closeted anti-semites in media who are getting exposed. I think that's hardly it.

I think there's more similarity with Sumner Redstone's getting unusually involved in the decision for Paramount Pictures not to renew Tom Cruise's first-look producer deal. What is this with high-powered execs getting involved in the inner workings of the divisions buried in their conglomerates? and blaming their firing on personal slip ups (Cruise's anti-post partum depression rants and Regan's anti-semitic slurs) when really there were other bigger issues at hand -- like Mission Impossible III's disappointing returns and the huge embarrassment of O.J.'s tasteless "If I Did It" "fictionalized" tell-all.


Bob Yari's Oscar Scandal of the Year:

Last year, Bob Yari -- who financed and produced the Oscar-winning Crash, was embroiled in a lawsuit over who got credit and who got paid. You'd think he'd be sick of that kind of a spotlight and those dealing with him would be wary....

This year, debates between the filmmakers and Warners about the final cut delayed delivery of "Painted Veil" until November 14 -- a delay which could seriously hurt its Oscar prospects. Yari financed 80% of the film, and wanted to buy the right to release it back from Warners... which could easily cost $4 or $5 million. But Yari's got the cash. And he did an awfully good job with a slow release of "The Illusionist" -- so you can see his point.

Just goes to show how crucial Oscar attention is to these independents (and their egos)... and says a lot about the challenge the studios face as they shift more attention to distributing - those can be tough relationships to navigate. Yari's a nice guy -- met with him this summer -- but you wouldn't want to square off with him in a dark alley. He's got money to pursue these suits...

Questions? Comments? MediaMoney@cnbc.com

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So publishing queen Judith Regan went all Gibson on her colleague and got the boot from Harper Collins parent, Rupert Murdoch's News Corp. So, you could draw the conclusion that there are a lot of closeted anti-semites in media who are getting exposed. I think that's hardly it.
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  • Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and author of CNBC.com's "Media Money" blog.